Carter Bank & Trust holds $4.8B in total assets and has $4.2B in deposits across 38 counties in 8 ranked markets and 2 states. Its deposit footprint is broadly distributed: the top three counties (Franklin County, Virginia, Guilford County, North Carolina, and Henry County, Virginia) hold 24% of its deposits, and Virginia accounts for 83% of the total. It is among the top three banks by deposits in 13 of the 38 counties where it operates. Figures are from the FDIC Summary of Deposits as of June 30, 2025, and are refreshed once a year when the next survey is released, not quarterly.
Deposits by county
Data as of June 30, 2025 (FDIC Summary of Deposits)
| County | Deposits | County’s % of Bank’s Deposits | Bank’s % of County Deposits | Branches |
|---|---|---|---|---|
| Franklin County, VA | $390M | 9.2% | 32.5% | 4 |
| Guilford County, NC | $324M | 7.7% | 2.5% | 3 |
| Henry County, VA | $321M | 7.6% | 56.7% | 5 |
| Danville city, VA | $302M | 7.1% | 19.4% | 4 |
| Martinsville city, VA | $297M | 7.0% | 37.8% | 1 |
| Halifax County, VA | $177M | 4.2% | 22.0% | 2 |
| Stafford County, VA | $176M | 4.2% | 12.1% | 3 |
| Carroll County, VA | $174M | 4.1% | 41.4% | 1 |
| Pittsylvania County, VA | $149M | 3.5% | 31.0% | 2 |
| Montgomery County, VA | $138M | 3.3% | 4.6% | 3 |
| Roanoke County, VA | $132M | 3.1% | 5.1% | 2 |
| Lynchburg city, VA | $128M | 3.0% | 5.8% | 2 |
| Galax city, VA | $124M | 2.9% | 28.9% | 1 |
| Patrick County, VA | $115M | 2.7% | 34.4% | 1 |
| Mecklenburg County, VA | $105M | 2.5% | 10.8% | 2 |
| Bedford County, VA | $91M | 2.2% | 5.0% | 2 |
| Spotsylvania County, VA | $90M | 2.1% | 4.1% | 2 |
| Rockbridge County, VA | $80M | 1.9% | 24.3% | 1 |
| Campbell County, VA | $78M | 1.8% | 7.3% | 1 |
| Iredell County, NC | $78M | 1.8% | 1.7% | 2 |
| Floyd County, VA | $76M | 1.8% | 24.5% | 1 |
| Rockingham County, NC | $75M | 1.8% | 5.8% | 2 |
| Surry County, NC | $67M | 1.6% | 4.4% | 1 |
| Roanoke city, VA | $64M | 1.5% | 2.1% | 3 |
| Radford city, VA | $57M | 1.3% | 15.6% | 1 |
| Wythe County, VA | $49M | 1.2% | 5.6% | 1 |
| Charlottesville city, VA | $49M | 1.2% | 1.9% | 2 |
| Grayson County, VA | $47M | 1.1% | 24.2% | 1 |
| Mecklenburg County, NC | $46M | 1.1% | <0.1% | 1 |
| Pulaski County, VA | $35M | 0.8% | 6.5% | 1 |
| Amherst County, VA | $35M | 0.8% | 6.4% | 1 |
| Wake County, NC | $32M | 0.8% | <0.1% | 1 |
| Person County, NC | $32M | 0.7% | 4.7% | 1 |
| Salem city, VA | $24M | 0.6% | 2.3% | 1 |
| Vance County, NC | $23M | 0.5% | 5.1% | 1 |
| Forsyth County, NC | $21M | 0.5% | 0.2% | 2 |
| Albemarle County, VA | $16M | 0.4% | 0.6% | 1 |
| Franklin County, NC | $13M | 0.3% | 2.3% | 1 |
“Deposits (SOD)” are deposits as reported to the FDIC at branch level in the Summary of Deposits (SOD), June 30, 2025, and are nominal. They reflect where deposits are booked and may differ from the institution’s balance-sheet total. “County’s % of Bank’s Deposits” is this county’s share of the institution’s total SOD deposits; “Bank’s % of County Deposits” is this institution’s deposits as a percent of all deposits booked in that county. Counties within a Combined or Metropolitan Statistical Area link to their full profile; other counties are shown for completeness.
Browse all covered institutions in the bank directory or the banks headquartered in VA. All 293 markets and the 1,523 counties with a branch within a CSA or MSA are covered in the Market Intelligence resource. See the methodology for how each figure is built and when to expect updates, or the disclaimer for how this data should, and should not, be read.
Carter Bank & Trust is named on this page solely to describe publicly reported FDIC deposit data. Its appearance does not imply any affiliation between Carter Bank & Trust and The Executive Recruiter Group, or endorsement by either.